2024-06-30-accounts

Chary r•915tr•ii•n Nmb•rS¢Q3978918cc••Thdl AIIIIVAL AEPQRT AND UNAVDfTED FIIAFICWL STATEIIENTS FOR ThE YEAA ENDED JO JIM 2024 •AEY3F71G 18mm6 C(XIPWES ￿K￿lSE 13

FREE WHEEL NORTH LEGAL ANDADMINISTRATNE WFOR¥AIION Olrq¢iorn Hwry UcEwan Chprlty numb•r (*olland) Pth¢lpal and Rg955tqr•d olftG• G4Q ICG IndAp•nd•nt&Yarnlnor B4nkn PO 250

FREE WMEEL PIOIITh CONTENTS B*nc• sheet NdeG loknc•al stat4fflWtG &12

FREE WNEEL NORTH DIRECTOAS. REPOAT tharity's tJo¥errArodo￿mrt￿. thè Charits and (S(x￿) Ad21XIS. AcDxMts {SCoUa￿I Rew13￿7n5 XQ6 la5 4rnèthl￿)and"A¢cOuntln9 ￿ Repornw ty Chai￿. sraiBmAntolR•rnmwKW P[•c￿￿ wparity their ar￿)￿￿$ in Accoidanc&WAh ￿ FA3nGial Reporbr¥J Siarwjwd aFat49 in ￿ UK Rew￿1[¢13￿j {FRS 102r 1off•th$ 1 Jwu•ry2019}. Act 2005 and 095thialed regLl4ty(￿. ThvOY¥thrse respty￿bIe fvjrthe stratsw¢trgc•Jn aTrJ o%rW ofthè tharty￿ S￿ in a ¥{￿￿1 caF4Uty. Hry MGEwan catr￿￿ uu1hd￿￿d MonT￿nAm78tr( TPor8 nofangos BOa￿d￿r￿j Obivctiv•• Acthitles on nwntwnirylhg c¢reowaiior6•J ass•ts. R•¥lBw of lh• Y•4r Durihytha YO¥r•￿ yj June 2024. recd Trj externolfundKwJ. winardy as a rESuofrewabonal¢JNnJyE Dewe the R•a•M#Polty th•¥Jrrenlfinaii? c*rAte. Illekll•th•A•mnt H•ny M¢EwAn 21st Februwy2026

FREE WHEEL NORTh TO THE DAecTI)RS OF FREE YIHEEL 140RTh The chartvs trustsos Dfuw wpxè0lc￿rty Iw)arO￿5r￿ forlhe w¢parntiDn olth 82ts)unls In acco7Jwce iihth• terms oftho ChattiOSAThY T(tsgteo 2C¥)S AcrJyJnt6 (Sr¥knd}RegL•atiMs 200614s a￿￿je￿I. Th¢ ¢h8rity tnjsteesu￿gder Uwtthe OrReg￿￿K￿l 11111 lal to{c}of the 20￿ fvL(>Mi$ R9guI•￿￿s d005 not ￿pp￿. M. my resrK1r￿blIty1Ot￿?rnTh wuyed s¥J&T 44(11 Ic)dthg Ad ¥dtostate fflatwsha￿ to my attontion. . PAyex•rnin811￿ 13 taryied in aCcUdw￿¥rth Rg9JL3iM 11 olth• 2(￿ R•bMS. An kKJdksa r•wiofirw ¢thinbr¥J ro¢ord$ kopl byth¢ tharity otlhe aCC47UntS kw95entedY￿kn tFvJ50 reccrfs. indudo$ olaw urvJwBI itsmgc d￿¢asUre$ In tho a¢coLni$, 8r¥l seek$ext￿T￿l￿s f¥crfTrtretrwtee51￿¢e1rrfr8 ffj 5LK rTr&ttw5. The r￿d￿re5 wderten tord pmide al th dgp•nd•nl •xarnln•rfs $tht4ffl4 Re9￿#bIS le5 amer￿Trar￿$ 5edw 1￿ ottr￿Cha1tr￿sknt 2011 ) rKepare a£¢LMn)tsTh￿h acce￿ iththe ro(￿5 and Re9￿9￿ 8 ofth• 2006 A¢￿￿19 Re9￿aD￿SlOS aMATh￿land lh theforn t￿1+MO1acc￿)L¥￿sèi oji In lh• Chpritse5 athj RepNts) RewklthyE5 2CQ8 ofthe ChanDe5 Act2011 A%hl•y IA¢Oowall ACCA

FREE WHEEL NOATM STATEIIENTOF FINANCIAL ACTwirEs INCL110114G INCOME AND EXPEFIDinJRE ACC¢JUIIT Totsi Toi Funts Funrfs 2￿4 2024 2•24 2023 OL)adons 2.060 20.8 2.888 1.000 In¢orf from 0lhertradin9acINili 84.n1 10.475 T•W I￿orn 31375 Cosiofch8rit8ble 85.C¢3 36258 19.8￿.LI> 141,152 2Q4,811 Net rnovemtnt in fund¥ 11.475 Q3.086 .120.103 Fund balancei * l Juty 2023 27259 169.516 14.49) 211,295 331.398 Fund baiincei ¥t 30 June2024 133.277 25.965 1882(¥a 211,295 The stalementolfin8rtl 8N g7$ a￿1 ktssesrnV4)8d *i the yow. Act 20Cffj.

FREE Y•llEEL NORTH 8ALAN¢E SHEET AS AT 30 JUNE 2024 2023 Fix•d a$$•ts Tar¥jIb￿ assets Curr•nt ass•ts Debtors Cash al bank and in hand 11 133.277 169,546 12 2.474 2.660 45,366 48.026 Credltors: f*ll•ng dut ¥rthln one ye•r 13 13.1341 16.2771 54,932 41.749 T<>tsl a$s•ts le88 current ltsblMty•S 188.209 211.295 Income fvnds Restrfcted funds 14 14.4 Destqnated lunds G8n¢ral uNesiii¢led 15 133.277 28.967 169.546 27.259 162244 196.805 188,209 211,295

FREE WHEEL IIORTH ALANCE SHEET ASAT JO JUME 2024 2024. ¢YeWalh)n offiD•ncial ￿ternI￿5. T￿￿￿¥￿101s￿ertw¢0 •rnappDrnltythe CireLtsson 21st Fetsn￿ry2o2O HArry IkE• ieclur Daied". 21st Fo￿Yery 2028 Cornp8ny Flegi$irnlicffj ￿. SC944339

FAeEIWNEEL KORTrI NOTES TOTHE HNANCIAL STAYEMEHTS FOR TrIE YEAR eNPED 30Th JUNE 21ll4 Strwt, &3sg2w. G40 1DG 1.1 Accounllng Conv•n￿n The finanoal statements been wep¥ed in tho M8rrKw8rvJum 8ThSAfth ofA650ri&tsL￿ the Chanties and Tntstees Invesbnent IS¢oiwi Ad2W5. ChafiisA<wJnts (SC￿￿￿￿RegUPa1m￿S 2(￿(8$ ameTrYed}. Companies Act2016 and"Ac(thnbng and byChariis." Ststerrv&of Rer4mmpndBd PractiG apFaty IJ charit¢s wep8nw thgiraccourts in ￿￿o￿n¢ ￿1th ￿ Finawal RepLVtry StaThJwd UKaNI of kelaTrJ IFRS 102118ff8f¥o l j￿￿￿2019r. Tl ¢ a P￿11¢ Senefil Entitya5 defined by FRS 11rL. Statement ofcath rtyjrtded to the nq¥e5tL 1.2 Golfig eoneefft lo cOn￿n￿¢ in oporationai trxi%kn1¢6 fore8888￿ fulure. The Truste0$e￿$Wjtir thare are ￿ m•wiai urKèrtwnbes abcwl th8 cb8nV$ atNlity 10 ¢onbrHJe as a crmcem. Tntsiee5 ryfflts"r¥Jeto aJcytth2 gDw¥ bas15 ofaccounbng in prwNJ ihe ffin¥￿al 5tatwn¥ts. 1.3 CMritable lund5 Dasi9na￿ JThJs Ltynryise fiJnd5 ha¥e be￿ seta5bJe ai oflhe L•th$ftysppurp￿& Th& pupotsas uses oflhe Oesr9nated fwKl$ are ¥el rAIt ifb nrAes ID IhefiMthi stttrnenl funds are set￿1 inth8 f#)18Sto the s1rter￿￿ts. 1A IrKom• is re(¥47l thty cty is toil ofte¢wrf k￿r¥￿J￿15fva￿ been met. ts arr#)Lmts ran be measuiod rdiBbly. arwj * is wcèable that Incrffle V4il be perfrymance condtI￿$ require d8fw(8loflh¢ a￿n( rettyrab￿b) (bnatiDn5 rff4Ned urthrGiftAd is reLWnised 81 the line orth8 donabw. IncL¥ne frorn Charbt¥b Advlies tharity. Inoime from ChArilab￿ athwle5 15 reEcgrffjwJ as ewn las the relaied (services are wowdeO1. Gv3nts recqlvabl• hGrJme from gtyl•mrr￿I d other gr•i&. 1ther'CaF￿Qr,reVerth' innn. are thotharity has uncwdilkinBI ¢niwmnltothe prcablg iThai the bo r¢cewJ wrwl can be raabty. e￿I￿eMan1 ￿ t achip4e(I any Q* Ok)WethNJi￿$¥ila￿￿# 10 the gBnts h8¥e boqn mei orfilfilment &fltw)6tr ondthonts 15 wlhin oftr pe￿r￿0 are ¥tt8ctsd to Ihe 9wI awe b8 meL 15 rt4nis8da$ a kndud8d c

FREE IIHEEL NORTH NOTES TO THE FIF4ANCIAL STATEMEiifs ICQNTlNI￿D FOR THE YEAR ENDED JQTH JUNE 2024 Acc•u￿1￿9 poli¢ies {Cothtlnu•dl <Xh•rtrading activAi• frJndrai51ng events 8TrY Is wnisad the has entilerfrttO Ihe IwJ& rt i8 wc4)at4e th these yl ty¢ rece￿ Ihe arrK)unt5 w be rnea5ured re4ably. 1A Expgn¢l¢¥r• L￿billIES a￿ ￿cOgnISed 05 eX(￿l￿e as 8811￿ is a ￿al LY L¥JrtSknth thligakn) the £￿ty to that expditure. il is probabh Ihat soWorn•rt %bil t• and olthe can be nwSu￿j Lv fdkJly. Lvabililes are rnea5wed on recognrfion al hi%t(￿l C￿15 arky IW subsewty measured al ￿ best estimaté of the amouni foquired 10 sellle thè ot4vJatoni at the repcthw dale. The excepbcffj is lIKai￿rtaIn finawl nstrwnts nYJst be Jjusted ￿ Ihr present value.. these inc￿de finanoal I￿￿rte5 ￿re seuleffwl delwred 12 after b)e rwbtYJ dale. l exp8TrYthre x¢ounted fwon w acuu bags.All S￿￿1 o)sts and govgtrort9 eosts are afncaied c¢ 8FWrbo￿y ¢0 the appb"Cob￿ ￿8¢￿. Expendilur• on Charitsbl8 Activii Expenditure w tharitsNe arthvi￿ Ind￿ 1 o)sts by ￿ caiity in uTrJert8kiYJ thai frJrtl￿r ils Chan￿ble 8lm$ for the benefil of its benefiuanes. Ih)se supwt (￿ts and costs lo Ihe govemartt oftr charity 8PP)rt)ne(I lo tharitable activthe5. The costs ol Ch¥lab￿ athi195 W•s•nted in fv sta¢•n￿Of ActiviW the ry)5ts of bolh (rect service prov151L￿ a￿1 Iha paywts olgrant wards rf aWKal)le. GoYÈfnment G¢)vemn￿nt ¢0515 are indLwJ8d as 8 5WPJrt costs in With SORPI cryrfi5e 311 costs invoknng th blK awuntatxltyof the and rts cornF4￿ with rEgulabw aTrY go)Y eA)sts I￿je Ihose related to CinstitutKfflal and stalutory reqyir•Tnls. ex￿n￿ scruiry independent examinalK)nl. stsat•gr mana9Ement, and other legal ole5swJnal fae$. Actlvlty b•i•d r•wtlng To rA)mplyfuly Mlh the Staiemenl OIRfjc￿￿￿Th￿•d Practirewwld rgwir• income and exp2nLlbJre io be rep￿e￿ by aLvity. The Oirector5 are of the that the aclivths oflhe charity are inter4iTrk8d. Lherefore l￿W[XJkI vnw¥(icJl lo and wfjuld ovKle rK) addibonal benefft lo us•r5 of IhEse finano¥al staterrnnts. Th2reth nD stsof irKLYne aThJ expendrtur&4s 0￿8￿ wthin these fin￿￿al slatwnents. Ivrecoverabl• VAT 1.6 T•nglbl• 1Sx•d a88•ts TarvJib fix8d assets ir•tiaty measured at cost subsewty ma8￿& atcost ty ￿￿•1￿, and any pairM￿l ￿)888$. Depre￿1￿￿ is ￿(￿niS¢¢ $0 85 to writs off ¢ost [¥VabJati￿ of ass¢is less thelr re5￿jen11al ¥ahs ￿rthe￿ useful the follwng basis.. LaasehohJ lThyo¥ernpNS The whit8hLX￿. ma￿111. ￿ str•ght li GLwtrAf Cthn. stravJht kAover 15 yaars 25 5trwJM F￿￿e5, fiuirys and eRuynnl The 98in or kn55 ￿￿rgon th8 th18n 88881 ￿ detwmwwd as lh8 thE sakt woEe&J5 and the ¥alu•of

FREE VVHEEL 140RTh NOTES TO THE FINANCiAL STATEhlENTS (CONTI FOR ThE YEAR ENDED 30Th JUNE 2024 Icortlnugd) 1.7 Inwlmnt of fix•Trni is due or year or ￿. M not. tw are pt8senled 88 ￿n4￿1vent Il•bililies. Trade Credite￿ are rewgrmsed Inthty at transatkn P￿6 8ThJ >￿￿uen￿ mèasured al aryvll￿ wsl using the offe￿¥8 intèrest 1.10 employee b•n•fd8 Terminaiw)n benefrt$ are w1￿78￿al?￿ as an ex(nse¥kn fv charty i5 derr￿ e4)mmited to terminato th& eryloyrnent ol * employtl Lyto wovidetwmiTr8lv￿ b•ieffts. f.fl Retlrnment ben•fft8 1.12 l•￿￿5 Rentals pHy￿e ￿￿trOpe￿Ill9 leases we ¢ha¥g8d Strn¥ht kne b895 ¢)verthts ￿a$a tern.

FREE WHEEL NORTH NOTES TO THE FJNANCJAL STATEMENTS (CONTINUED FOR THE YEAR ENDED JOTH JUNE 2024 cri￿Cal •¢countSThJ estlrnates and judgements Irs the applaW￿ olthe ¢harity's ￿C￿nbry poliws, ￿ thraclo￿ are requirgj io make ￿JgeTh￿ts, esb"mates assump11￿5 about the carryiThJ amount ofassets armj I￿￿"￿￿"e$ Ihat are nol ieadty apparenf from o¢1￿ swrces. The e5bmates and assocrdted wurnptws a￿ based cfi h￿t￿iCal exper￿￿ aTrJ cther factws Ihat are wnsthred lo be relevant. Aeiual res￿ may drffer from Ihe5e estimates. The esbm8$ and uThJ¢rlwng assuftwts"(￿ a￿ ￿le4Ved on b35i5. Revts￿ to accounting estimales a r£cogni58d in th8 p8riod in which the estimate 15 r￿￿ed where Ihe ￿$￿)n affects On￿ Ihat pe￿d. fx in the pericJ ofth8 revision and futufy peri¢¢ts where th8 rew$h?n allects both Current and luty￿ perxxl& Donation¥ Unr•stri¢i•d fund$ gener41 genwal 2024 2023 Donalws and glfts G￿nts 28.717 18,654 47.371 4 Incorne from ¢h•rltsble O¥iies 2Q24 3ti2J Performance relaied grants 20,800 P•rftymanc• wela¢•d grdnls Glas9ow Care Grw Main Grant Amohl CLqrk Cormiunity Grant

FAtt￿tEl￿r￿ FOR ThE YE•RE11D￿ J•1M￿lE2024 T4 51.14• 51.141 31•13 3V13 wc￿ 1D.4 •.481 84.ni 71￿15 23 J7.¢WJ 13.Tl? 28.11J ¥?.z 1.143 e.* 201.D21 12B.OS) 19.• 4Q499 141.152 2D4,e21 SJ91 n,6J1 1.182 901 .931 84.IOD £2Z37712023-f22.snk

FREE WHEEL NORTH NOTES TO THE FINANCiAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 30TH JUNE 2024 N•t inGomell•xp•ndl¢ur•l for th¢ y 2024 2023 Nal incom•llexpendilwe) ft)r the year is slaled aft8f twi￿.. Independent 8xamin8¢s Temu￿ra￿on Depreuation ofowned tangible fixed assets OperalW￿ lea88 charyes 36.269 20.065 36,269 10.6 10 Taxation The charity is exernpl Ircffn tax on inrxjme and gains fallm9 ￿thin SeCtr￿ 505 ofthe Ta¥e5 Ad 1988 ¢xsethon 252 of Ihe Taxation ofchargeable Gains Art 1992 to the exlent that Ihe5e art appled to its Chantab￿ objec1s. 11 Tanglble fixed assets L•J•hold Fixturts, ttlno$ and equlpm•nt Tt)tal Cost At 1 Juty 2023 295,510 112.530 406,040 At 30 JUM 2024 295,510 112,530 408,040 Deprecatlon and lrnpalrm Al 1 July 2023 D8preciation ¢arg¢d in the year 141,258 27.9)4 97.236 238.494 36269 AI 30 June 2024 169,162 105.601 274,763 Carrylng ￿Ount AI 30 June 2024 126.348 6,929 133.277 At 30 thjne 2023 154.252 15,294 169,546 AnaWis of eosts by locatlon GLqsgow Green The Whitehouse. MWI 194.8&3 11JO.627 295.510 11

FREE ¥niEEL NORTH 14OTES TOTHE FWAIKIAL$TAIEIIEwf51CmlUED FOA ThE YEAR EI•JED 30Th 2124 12 rffi• Jw. 192 PrepayThefflt6 2.474 2.474 3.134 14 D•lqNi•d luTrd E4￿nd11￿ July2022 2023 Jun• ￿2• 136.289 133.277 V•iw•l•dAS￿ Fu 12

Th¢ following pag•s do not fomi part of the slatulory account$

FREE WHEEL NORTH DETAILED TRAOING PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30TH JUNE 2024 2024 2023 UF DonatiC￿ and g1ft8 RF Chariiable income- performance reL9ted 1.000 comrni5s￿e￿ Events B*e Repairs Group Cyde Tranw¥J Venue Hirè Bespok8 Cyth Tr4tnrtsJ Wood Classes Cafe Sales 4.684 51.148 33,813 10.475 9.481 24,508 80,830 Total incorng Total e¥pendltur• 118.￿6 1141.1521 84,718 1204,8211 -23.086 .120.103 13

FREE WHEEL NORTH DETAILED TIiADING PROFIT AND LOSS ACCOUNT ICOMTrIUED) FOR THE YEAR ENDED 30TH JUNE 2024 2024 2023 acti W8gas and salaries SorAal security costs Direclorfs ￿MUneration Staff pension 36,671 73.631 1.182 8.000 904 329 37.000 8J.717 D8F¥•cialion 36.269 36.269 36.269 36,269 R¢nt Rates 20.0 6.041 4.615 Heat and Ight Inswance 1.787 8.472 34,736 TAlftphnn Training costs Adverts'sing Subscript￿n5 General expenses Trav81 and subsislencg Repairs and maintenance Ridg costs Rickshaw hire Van hi Volvnteer expenses Payroll f•?8 Events ?.1An 720 1.889 3,480 1.284 17,736 1.350 12.833 1,413 610 1.786 1,764 Card Charges Whitehouse supples Cafè supplies 1.083 3.082 4,777 28.113 37,223 14

FREE WHEEL NORTH DETAILED TRADING PROFIT AND LOSS ACCOUNT IC(INTINUEDI FOR THE YEAR ENDED 30TH JUNE 2024 2024 2023 Consultancy fees 4.743 4.743 Independent examinat￿ ftes Le9al and professional 2.137 8.133 Total charltstslg athi11￿ •xp•ndltur• 141,152 204,821 Total •xpenditur• 141.152 204.821 15